Northern New Mexico's Community Network




That we, the undersigned, desiring to form a Non-Profit Corporation under and pursuant to the laws of the State of New Mexico, and for that purpose, do hereby adopt these Articles of Incorporation:

Article I

Name: The Name of the corporation is LA PLAZA TELECOMMUNITY FOUNDATION

Article II

Registered Office: The Address of the initial registered office of the corporation shall be P.O. Box 468, Taos, New Mexico 87571. The registerd agent is Patrick Finn at 273 State Road 240, Taos, NM 87571.

Article III

Purpose: This corporation is organized for the purpose of transacting any and all business for which a non-profit corporation may be incorporated under the laws of this State, as they may be ammended from time to time, except said corporation is organized exclusively for charitable and educational purposes, within the meaning of Section 501(C)(3) of the Internal Revenue Code of 1986, or the corresponding provisions of any future United States Internal Revenue Laws.

Article IV

Specific Business: The specific business for which this corporation is organized and intends to actually conduct in this state, which shall not limit the character of the exempt activities which this corporation may ultimatly conduct are as follows:

Article V

Incorporators: The Name and Address of the incorporator of this corporation is:
Patrick Finn
257 State Road 240
Taos, NM 87571

Article VI

La Plaza Telecommunity Foundation shall be a membership organization governed by dues paying members

Article VII

Board of Directors: The Business and affairs of this corporation shall be conducted by a Board of Directors who shall number not less than three, nor more than eleven members. They shall be elected by the membership to terms of one(1) year and shall govern in accordance with the terms set forth in the By-Laws of the corporation. An affidavit signed by each director consenting to be a director is on file with the corporation. The names and addresses of the persons who are appoited to serve as directors of this corporation until the first Annual Meeting of the Board of directors, or until their successors are elected and qualified are:

Richard Bryant
1421 Mesa Vista Rd
Taos NM, 87571

Patrick Finn
257 State Road 240
Taos, NM 87571

Buck Little
95 Apache Canyon Rd
Taos NM 87571

Erick K Albrecht
1016 Calle del Monte
Taos NM 87571

Article VIII

Limitations: No part of the net earnings of the corporation shall inure to the benefit of, or be distirbuted to, it's directors, officers, or any individual, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered to or for the corporation affecting one or more of it's purposes, and no director, officer of the corporation or any private individual shall be entitled to share in the distribution of any of the corporate assets on dissolution of the corporation.

Legistlation: No Substantial part of the activities of the Corporation shall be carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office.

Article IX

Distribution of Income: The income of the corporation for each taxable year shall be distributed at such time and in such manner as not to be subject to the tax on undistributed income imposed by section 4942 of the Internal Revenue Code of 1986 or corresponding porvisions of any subsequent federal tax laws (the "Code") the corporation shall not:

Notwithstanding any other provision of theses articles, the corporation shall not carry on any activities not permitted by any organization exempt under Section 501(c)(3) of the code as they now exist or as they may be ammended, or by any organization, contributions to which are deductible under Section 170(c)(2) of the Code and Regulations as they now exist or as they may be ammended.

Article X

Dissolution: Upon dissolution or final liquidation of the corporation the assets of the corporation shall be distributed, subject to the provisions of Section 53-8-48, NMSA 1978 governing application and distribution of assets of a New Mexico nonprofit corporation, to organizations organized exclusively for charitable or educational purposes which would then qualify under the provisions of Section 501(c)(3) of th Code and it's regulations as they now exist or as they may be ammended.

Article XI

The Corporation, in any and all of it's operations shall have a non-discriminatory policy and shall not discriminate against applicants on the basis of sex, sexual orientation, race, color, national/ethnic origion or disability

Article XII

Private Property: The private property of the directors, members, if any, officers, employees and agents of the corporation shall be forever exempt from any and all debts of every kind and nature incurred by the corporation, and as authroized by the laws of the State of New Mexico

Article XIII

Directors Liability: No Director of this corporation shall be personally liable to the corporation for monetary damages for breach of fiduciary duty as a director; provided however, that this article shall not be construed as eliminating or limiting the liablity of the director or more of the following acts, namely: (1) a breach of duty or loyalty to the corporation, (2)Any acts or ommisions which are not in good faith or which involve intentional misconduct or a knowing violation of the law, (3)The authorizing of an unlawful payment or distribution out of the corporate assets, (4)Any transaction made in furtherance of the exempt purposes of the corporation which the director derived and improrper personal benefit, or (5)Any act or acts that can be defined under the laws of this state as 'director Conflicts of Interest'

Article XIV

ANNUAL Meeting: The annual meeting of the board of directors is to be held at a place either within or without this state as fixed by the By-Laws

Article XV

Duration: the existence of this corporation shall be perpetual unless sooner terminated as provided by law.

IN WITNESS WHEREOF, I have set my hand this 31 day of August 1993
Patrick J Finn, Incorporator


State of New Mexico
County of Taos

On this 31 day of August 1993 before me the undersigned, a notary public in and for the county of Taos, State of New Mexico, personally appeared Patrick Finn, known to me to be the person whose name is subscribed to the foregoing ARTICLES OF INCORPORATION, and acknowledge to me that he executed the same for the purposes contained therin.

IN WITNESS WHEREOF, I hereunto set my hand and official seal.

My Commision Expires 9/12/94
Notary Public

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